By Emily Stephenson and Amanda Becker MONESSEN, Pennsylvania/WASHINGTON (Reuters) - Republican presidential candidate Donald Trump on Tuesday promised to renegotiate international trade deals, withdraw from them if he is not satisfied and use executive power to remedy trade disputes with China if he wins the White House. Trump, speaking at an aluminum scrap metal factory in Monessen, Pennsylvania, said he saw no way to fix the pending 12-nation Trans-Pacific Partnership (TPP) and that he was willing to withdraw from the decades-old North American Free Trade Agreement (NAFTA) with Canada and Mexico if it was not renegotiated to his satisfaction. Trump was unveiling his trade agenda in Pennsylvania and Ohio on Tuesday, manufacturing states in which he and presumptive Democratic nominee Hillary Clinton are battling for working-class voters ahead of the Nov. 8 election.
Encouraging data on the U.S. economy and housing market helped put U.S. stock indexes on track for a higher close in late-afternoon trading Tuesday. The broad rebound followed even bigger gains in Europe as global markets recovered from a two-day rout triggered by Britain's vote to leave the European Union.